How can Budgeting Works help grow your business?

Financial Planners

Promoting the Budgeting Works offering to your new clients and existing database is mutually beneficial to both you and your clients. How?

Better reporting

Budgeting Works reports can be used as a useful tool to monitor client spending and saving over the period and provide valuable information for discussion with clients when performing your annual reviews.

Teaching the next generation

Given the predominantly mature demographic of most client databases within this sector, we see a valuable opportunity to start teaching the next generation of ‘client offspring’ how to become more financially responsible by developing and maintaining a savings plan,. They may also be more proactive in seeking financial advice from a much earlier age.

Click here to find out more information about the Budgeting Works Referral Program.

Mortgage Brokers, Bankers, Builders & Developers

The main qualification criteria for entry into the real estate market is the provision of finance to fund the acquisition. A prerequisite for finance approval, particularly for first home buyers, is the provision of a deposit and evidence of genuine savings. The Budgeting Works savings system is (among other things) designed to support real estate acquisition, therefore is of huge benefit to you by:

Assisting clients.

Assisting clients to save for a deposit in a structured way, and much sooner.

Supporting the timely payment of loan repayments.

Supporting the timely payment of loan repayments.

Providing opportunities for clients that have been declined for finance.

Providing opportunities for clients that have been declined for finance – setting a savings plan to keep them ‘in the loop’ and therefore improving return on investment on client acquisition costs for brokers, bankers, builders and developers.

Click here to find out more information about the Budgeting Works Referral Program.

Accountants

For many accountants revenue generation opportunities can be limited to once each year at tax time. The Budgeting Works referrer opportunity can assist by:

Providing the opportunity for increased contact.

Providing the opportunity for increased contact, which should enable you to regularly assess and identify opportunities for additional revenue generation based on ever-changing client circumstances. The ability to engage clients by offering them a service that genuinely improves their financial position should provide significant opportunities for future business growth.

Creating better financially organised clients.

Creating better financially organised clients – Budgeting Works helps to build more structure into how clients manage their cash flow which supports the tax planning process.

Click here to find out more information about the Budgeting Works Referral Program.

Real Estate Agents

A major cost for any real estate business working in the rental/leasing space is the time spent on resources required, to ensure prompt collection of rental funds from tenants. The Budgeting Works budgeting program can support these businesses in the following ways.

Managing rental arrears.

Managing rental arrears would be easier and less costly if clients were on a budgeting program, as Budgeting Works would make payment on their behalf by the due date.

Potential additional sales revenue.

Potential additional sales revenue as clients become financially fit to purchase a dwelling, as their savings accumulate under the Budgeting Works savings system.

Click here to find out more information about the Budgeting Works Referral Program.